Technology

Fed Issues Update on Faster Payments Project

The Federal Reserve today released a status update on its “faster payments” initiative, reporting progress on five key strategies: stakeholder engagement, faster payments, payment security, payment efficiency and enhanced Fed services.

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ABA Releases New Infographic on EMV Transition

To help bankers educate lawmakers, customers and the public about the growing security benefits of the switch to EMV chip technology in cards, ABA is today releasing a new infographic showing that consumers are “unquestionably safer” than before EMV’s widespread adoption.

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Supreme Court to Hear Key Patent Troll Case

The Supreme Court said today that it would hear the case of TC Heartland v. Kraft, which the American Bankers Association is watching closely due to its implications for banks that face litigation from patent trolls.

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